Friday, November 8, 2024

Exports

India’s cut and polished diamond (CPD) exports are expected to decline to a decade-low of $12.5-13.0 billion in FY2025, according to ICRA,͏͏ marking͏͏ an͏͏ 18-19%͏͏ year-on-year͏͏ contraction.͏͏ This͏͏ decline͏͏ is͏͏ driven͏͏ by͏͏ a͏͏ 13-14%͏͏ drop͏͏ in͏͏...
India's ready-made garment exports (RMG) increased͏͏ by͏͏ approximately͏͏ 12%͏͏ in͏͏ August,͏͏ reaching͏͏ USD͏͏ 1.26͏͏ billion,͏͏ according͏͏ to͏͏ data͏͏ from͏͏ the͏͏ commerce͏͏ ministry.͏͏ For͏͏ the͏͏ April-August͏͏ period͏͏ of͏͏ 2024-25,͏͏ cumulative͏͏ RMG͏͏ exports͏͏ rose͏͏ by͏͏ 7.12%͏͏ to͏͏ USD͏͏...

Gem and jewellery exports fall 23.28% to USD 1,665.4 Million in July: GJEPC

The overall gem and jewellery exports saw a 23.28% year-on-year decline in July, dropping to USD 1,665.4 million, due to weakened consumer demand amid...

India’s gems and jewellery exports dip 13.44% in June to INR 15,939.77 Cr: GJEPC

In͏dia's overal͏l g͏ems a͏nd jewellery expor͏ts recorded a yea͏r-on-ye͏ar declin͏e of͏ 13.44 percent in Ju͏ne, reaching INR 15,͏939͏.7͏7 cr͏ore (͏$1,909.57 ͏mil͏lion), du͏e to m͏uted...

India’s coffee exports soar 12% to $1.28 Billion in 2023-24

India’s coffee exports increased by 12.22% in 2023-24, reaching $1.28 billion, driven by a surge in global demand for Robusta coffee, according to data...

Lab-grown diamond exports expected to surge by 7-9% in FY25: CareEdge Advisory Report

The Lab-grown Diamonds (LGDs) are anticipated to see a revival in FY25, with exports expected to grow by 7-9% to reach a value of...

India’s oilmeal exports hit record high in fiscal year 2023-24

India's oilmeal exports in the fiscal year 2023-24 have reached record high levels in both value and quality terms, as shown by data compiled...

India targets boost in agricultural value-added exports; alcoholic beverages and jam among 12 key items for export push

India aims to boost the export of agricultural value-added goods by collaborating with retail chains and supermarkets in nations such as the United Arab...

Govt extends ban on onion exports indefinitely

The government has decided to continue the export ban on onions to enhance domestic availability and stabilize its prices. Previously, this ban was set...

NITI Aayog maps out strategy to boost exports from MSMEs, unveils comprehensive roadmap

NITI Aayog has suggested a range of initiatives aimed at enhancing exports from micro, small, and medium enterprises (MSMEs). These measures include establishing a...

Surplus in global tea market to impact Indian tea prices and exports

The global tea market is facing a surplus of 100 million kilograms of tea, which could have repercussions on Indian tea prices and exports...

Working on sustainability practices to enhance competitiveness of apparel exporters: AEPC

Apparel exporters body AEPC stated that the industry is actively pursuing sustainable production practices to bolster the sector's competitiveness in the international market. Apparel Export...

Onion exporters urge govt for ‘fair and equitable’ distribution of export quota

Exporters have approached the government seeking clarity amidst an imbroglio, with the Centre recently announcing limited onion exports to select countries while maintaining a...

India eases onion export restrictions, allows shipments to selected countries

India has allowed exports of onions on a government-to-government basis to certain countries, as per the recommendation of the Ministry of External Affairs, informed...

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